Business

Business

IMF to introduce LIDC group

The International Monetary Fund (IMF) is set to introduce a new grouping of countries to be known as ‘Low Income…

1 Min Read

Punjab taxi scheme delayed due to undisclosed reasons

The launch of Punjab government’s taxi scheme, for which the Pak Suzuki Motor Company Limited (PSMCL) has already entered into…

1 Min Read

200mmcfd of imported LNG approved for CNG users

Reviving hopes of CNG users, the government yesterday decided to divert a part of liquefied natural gas (LNG) expected to…

1 Min Read

Stocks recover overnight losses

After a brief respite on Wednesday, stocks continued to rally with the KSE-100 index posting gain of 167.06 points or…

1 Min Read

SBP advises Banks to finance SMEs

The State Bank of Pakistan (SBP) yesterday advised banks to extend loans to the small and medium enterprises (SMEs) under…

1 Min Read

Saudi Arabia’s giant new oil refinery in trouble

Saudi Aramco and joint venture partner Sinopec have started test runs at their 400,000 barrel per day (bpd) Yanbu refinery,…

2 Min Read

Ferrari president forced to step down

Ferrari, a byword for flashy sports cars, hit rough ground yesterday with the shock announcement that its president of 23…

1 Min Read

Threat of imminent floods may hit food price stability in Sindh

The market of kit­chen items is calm in the south of the country despite devastating floods up-country. “There is a…

2 Min Read

Ports ministry urged to stop rising pilferage

Several trade associations have complained to the Karachi Chamber of Commerce and Industry (KCCI) about the rising theft of imported…

1 Min Read